“We’re seeing the shift clearly in our ticket sizes. First-time luxury consumers are increasingly buying watches priced between ₹80,000 and ₹3 lakh in their late twenties and early thirties. In some cases, limited-edition models priced above ₹2 lakh are getting pre-sold even before they arrive in stores,” said Niladri Mazumder, president & COO, Seiko Watch…
Carbon-spewing sectors are racing to buy up renewable energy certificates as the financial year draws to a close, both to meet government mandates as well to achieve internal goals. However, an abundant supply of such certificates from India’s green power boom has curbed a spike in prices. Source link
Half of India’s crude oil cargoes come from the Persian Gulf, crossing the Strait of Hormuz, making its closure a matter of deep concern. Officials said a new deal with Canada will also help meet the demand for cooking gas. Supplies from the US began in January. Source link
“There is a large fleet of CNG-based vehicles and increasing use of piped natural gas (PNG) now,” said Rajesh Kumar Mehdiratta, managing director and chief executive officer of Indian Gas Exchange (IGX). “Fertiliser, industrial and commercial demand too is growing, so it is high time India sets up gas storage reserves for natural gas in…
Bank holiday today, 4 March for Holi: Banks will be closed across multiple regions in India today on the occasion of Holi on 4 March. There is a bank holiday today in major cities like New Delhi, Noida and more, with banks like SBI, PNB, HDFC Bank, ICICI Bank and Axis Bank remaining shut on…
The past few weeks have seen a horde of releases flood cinemas with limited showcasing and negligible marketing and promotions, translating into nearly zero footfall and box office collections. Films such as Mayasabha, Rahu Ketu, and One Two Cha Cha Chaa have been given ‘token’ theatrical releases in low-traffic morning or afternoon slots. These formal…
To be sure, Samsung, along with device manufacturer Panache Digilife, did not invest, whereas 14 other companies made some investments but missed the targets under the scheme, government data showed. Samsung, however, was the only company to withdraw from the scheme. Source link
The snow that has fed Jammu and Kashmir’s rivers for centuries is disappearing. In turn, the union territory’s rivers are drying up, leaving a region that depends heavily on hydropower gasping for energy. A ground report. Source link
However, the strait is a double-edged sword for Iran. While it is a powerful strategic lever, a total shutdown would also paralyze the Iranian economy as nearly 95% of its oil exports—about 1.6 million barrels per day, destined primarily for China—pass through these waters. China gets the bulk of its crude needs from West Asia…
If implemented securely and at scale, MLFF could improve logistics efficiency, reduce operating costs for transporters, lower emissions and enhance user convenience. But the pace of rollout will depend on how quickly the government resolves security vetting and builds a trusted domestic supply chain for high-speed ANPR systems. Source link